Hegseth's Drone Push Sparks Pentagon Overhaul and Defense Stock Surge
TL;DR Summary
Drone stocks surged after Defense Secretary Pete Hegseth announced plans to boost American drone manufacturing and usage, emphasizing unleashing drone dominance and rescinding restrictive policies, which benefited smaller drone companies despite no immediate gains for large defense contractors.
- Hegseth’s Vow to Unleash American Dominance Lifts Drone Stocks Barron's
- Hegseth tears up red tape, orders Pentagon to begin drone surge at Trump's command Fox News
- Hegseth orders military to ‘unleash’ use of small drones in new memo Breaking Defense
- Pentagon Just Made A Massive, Long Overdue Shift To Arm Its Troops With Thousands Of Drones The War Zone
- Pentagon Lifts Drone Restrictions, Sending Shares of Defense Stocks Higher The Wall Street Journal
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